99189

[EXECUTIVE SESSION]

HEARINGS

BEFORE

SUBCOMMITTEE NO. 3 OF THE
COMMITTEE ON THE JUDICIARY
HOUSE OF REPRESENTATIVES

SEVENTY-EIGHTH CONGRESS
SECOND SESSION

ON

H. R. 4789 and S. 1718

TO PROVIDE FOR THE SETTLEMENT OF CLAIMS
ARISING FROM TERMINATED WAR CON-
TRACTS, AND FOR OTHER PURPOSES

(Includes Hearings before the House Special Committee
on Post-War Economic Policy and Planning, and
excerpts from other Congressional Hearings)

CONTENTS

MAY 17, 1944

Statement of

Hon. Carl Vinson, a Representative in Congress from the State of
Georgia, and chairman of the House Committee on Naval Affairs...
(Some statements of John M. Hancock and Lt. Col. H. C. Rose
appear in connection with Mr. Vinson's statement.)

Brief summary of most important differences between Vinson bill (H. R,
4469) and Murray-George bill (S. 1718) –
Analysis of S. 1718..
Statement of-

John M. Hancock, acting chairman, Joint Contract Termination
Board, and Lt. Col. H. C. Rose, secretary, Joint Contract Termina-
tion Board..........

Page

16

31

32

34

M. D. Folsom, director of staff, House Special Committee on Post-
War Economic Policy and Planning.....

54

Report of

House Special Committee on Post-War Economic Policy and Planning
on settlement of claims arising from terminated war contracts, dated
May 12, 1944 (H. Rept. No. 1443), submitted by Mr. Folsom...
Hon. Estes Kefauver, a Representative in Congress from the State of
Tennessee, and a member of the House Committee on the Judiciary_

Statement of

Exhibits to statement of Hon. Estes Kefauver:
Comptroller General's letter of April 13, 1944.
Comptroller General's letter of May 11, 1944_

Letter of Bernard M. Baruch, Office of War Mobilization, dated May
15, 1944.

56

83

87

89

93

Letter of Chester Bowles, Office of Price Administration, dated May
13, 1944...

Comptroller General's letter of May 16, 1944 (with reference to cost
standards) -

95

96

Resolution of Council of American Institute of Accountants, dated
May 9, 1944_.

97

Letter from National Association of Manufacturers, dated May 17,
1944.

98

Letter from Maury Maverick, Chairman, Smaller War Plants Corpo-
ration, dated May 4, 1944-

.9.9

STATEMENTS BEFORE WAR CONTRACTS SUBCOMMITTEE OF SENATE
MILITARY AFFAIRS COMMITTEE

(Submitted by Mr. Kefauver)

Statement of—

Hon. Francis Biddle, Attorney General of the United States-
Hon. Donald Nelson, Chairman, War Production Board....
Frederick C. Crawford, National Association of Manufacturers.
Arthur G. Drefs, chairman of the committee on contract termination
disposal, National Association of Manufacturers__

Hon. Maury Maverick, Vice Chairman, War Production Board, and
Chairman, Smaller War Plants Corporation.
Herbert L. Carpenter, president, Carpenter Container Corporation,
Brooklyn, N. Y., and chairman, small business division, post-war
planning committee, Commerce and Industry Association of New
York, Inc..

Edward A. O'Neal, president, American Farm Bureau Federation...

101

125

140

151

156

184

186

99189

SUBCOMMITTEE NO. 3 OF THE
COMMITTEE ON THE JUDICIARY
HOUSE OF REPRESENTATIVES

SEVENTY-EIGHTH CONGRESS
SECOND SESSION

ON

H. R. 4789 and S. 1718

TO PROVIDE FOR THE SETTLEMENT OF CLAIMS
ARISING FROM TERMINATED WAR CON-
TRACTS, AND FOR OTHER PURPOSES

(Includes Hearings before the House Special Committee
on Post-War Economic Policy and Planning, and
excerpts from other Congressional Hearings)